More than half a trillion real-time payments transactions will be processed over the next five years, according to a report from Florida-based payments group ACI Worldwide and Global Data. The report analyses global real-time, account-to-account payment volumes and forecasts across 30 global markets, projecting a compound annual growth rate (CAGR) of 23.4% from 2019 to 2024. India is poised to lead the world in real-time payments volume over the next five years, with transaction volumes set to g...
Apr 14, 2020•10 min
A team of UK FinTechs including Trade Ledger, a digital lending platform; Wiserfunding, a digital SME credit scoring platform; Nimbla, a trade credit insurance provider, and NorthRow, a remote client onboarding platform, have established a FinTech taskforce to provide a turn-key loan origination and underwriting platform that allows banks, alternative lenders and private debt lenders to virtually and digitally deploy funds to businesses during the Covid-19 outbreak. The concern of the taskforce ...
Apr 09, 2020•12 min
Finch Capital is an Amsterdam-based venture capital firm focusing on Europe and Southeast Asia. In Europe the firm looks to invest in AI, FinTech and IoT. Managing Partner Radboud Vlaar talks about those FinTechs likely to prosper and those likely to stumble as a result of the economic fallout from the Coronavirus pandemic, and also what it may mean for VC exit strategies from FinTechs over the course of the next 12 months.
Apr 04, 2020•11 min
ERI is a global, digital solutions provider specialising in the design, development, implementation and support of an integrated, real-time banking software package: the OLYMPIC Banking System. The company has offices in Geneva, London, Lugano, Luxembourg, Paris, Singapore and Zurich. ERI is the market leader in the provision of banking and asset/wealth management software in many countries, notably in Luxembourg, Monaco and Switzerland. Overall, the OLYMPIC Banking System has been implemented b...
Mar 17, 2020•15 min
Gresham Technologies came to the London Stock Exchange 35 years ago, listing its shares in 1995. More than 90 organisations around the world use the company’s Clareti platform. Just ahead of the release of Gresham’s latest results (which showed a 30% rise in group revenue and a return to profitability) Robin Amlôt asked CEO Ian Manocha whether and how, unlike many FinTechs, being a quoted company makes a difference to the way Gresham goes about its business.
Mar 12, 2020•10 min
India is well-poised to become the Global FinTech Hub due to favourable support coming from the government as well as a increased adoption of FinTech products from the consumer side. Navin Surya is also the founder of India’s first digital wallet ItzCash that he sold off to US-based Ebix. He has been very instrumental in creating various forums for FinTechs to be able to put across their thoughts and agenda to the Government. Surya spoke with Priyanka Pani of IBS Intelligence in this Podcast abo...
Mar 09, 2020•12 min
Making her second podcast appearance as part of the International Women’s Day series, Iana Dimitrova, CEO of OpenPayd, talks about leadership and her own career, as well as the importance of access to education in order to create a level playing field.
Mar 05, 2020•18 min
Over the past few years, Nationwide has managed to reach 50/50 gender balance on its executive committee, but the journey has taken time. In the third instalment of our International Women’s Day series, Alison Robb discusses the use of case studies and role models help promote diverse working models and why women should build a level of resilience.
Mar 04, 2020•12 min
The Shareholder Rights Directive 2 (SRD2) is a European Union (EU) directive, which, among other things, sets out to strengthen the position of shareholders. It also aims to improve communication by share issuers. Does this matter if you are not in the EU or even the EEA? Yes! The directive explicitly outlines its applicability to non-EU/EEA intermediaries. SRD2 will be implemented as of September 2020 but is the industry ready? Robin Amlôt sat down with Les Turner, vice-president of global prox...
Mar 03, 2020•7 min
In the first instalment of IBS Intelligence’s International Women’s Day series, Sunniva Kolostyak sits down with Anne Boden of Starling Bank to discuss women in power, entrepreneurship and the continued development of one of the UK’s most prominent challenger banks.
Mar 02, 2020•10 min
Over the last few years, the torchbearers of the innovations have been the new age FinTechs and this is somehow forcing bigger payments and financial services companies to play catch-up. Ajay Adisheshann, Founder of Indian B2B payments company PayMate talks to Priyanka Pani of IBS Intelligence on the strategies adopted by global card networks such as Mastercard and Visa to remain relevant in a very agile market and bring out better products and services. He also talks about why it is difficult f...
Mar 01, 2020•11 min
eToro is a global multi-asset investment platform with some 12 million users worldwide. It was one of the first platforms to offer 0% commission on stock trades. The eToro platform claims to be the only venue where investors may hold traditional assets such as stocks or commodities alongside ‘new’ assets such as Bitcoin. The firm has also pioneered social trading – allowing investors to follow other successful traders. Robin Amlôt asked Iqbal Gandham how he sees investing evolving in the future....
Feb 24, 2020•10 min
Cube is a global wealth management services company that helps people, across 50 countries, invest in emerging markets including India and other developed markets. In this Podcast, Cube’s Founder Satyen Kothari talks about how technology can help the millennials and aspirational salaried class to be able to invest smartly to grow their personal wealth instead of depending on bank savings, fixed deposits or recurring deposits. Cube is largely focused on the busy young urban professionals, who do ...
Feb 19, 2020•13 min
Yobota is a London based FinTech. It has developed a cloud-based core operating platform for financial services. In 2018, Yobota enabled Chetwood Financial to launch its LiveLend and SmartSave Bank brands. Chetwood was the only bank fully authorised by the UK’s Prudential Regulation Authority (PRA) in 2018. Yobota co-founder James King spoke to Robin Amlôt about the company’s platform and the advantages of being cloud-based.
Feb 18, 2020•7 min
Digital identities benefits both companies and customers across onboarding and KYC processes, but are potential pitfalls, such as data safety, risks that are too substantial for financial services? Hardik Shah, Group Head of Product at Currencies Direct, discusses the concept, as well as what a universal solution could mean for the industry, with Sunniva Kolostyak.
Feb 17, 2020•13 min
In this episode, Sunniva Kolostyak speaks to Jason Harrell from the Depository Trust & Clearing Corporation (DTCC) about operational resilience and the risks associated, industry and regulatory responses such as public-private partnerships, and the idea of a third-party resilience framework.
Feb 11, 2020•18 min
Founded in 2010, Netherlands-based five°degrees offers a next-generation, digital core banking software platform. The company’s Matrix product offers a fully automated banking services solution that supports any segment, product, or channel via a mid-office environment, connected either to legacy back-office, or to the Matrix back office. Robin Amlôt sat down with Thomas Muth of five°degrees to discuss the future of banking.
Feb 10, 2020•8 min
How do financial technology companies adapt to accommodate for changing consumer behaviour and rising online commerce? In this episode, Peter O’Halloran from Fiserv discusses the rise of digital commerce with Sunniva Kolostyak, and how it forces merchants and regulation to change with it.
Feb 07, 2020•11 min
iFAST Financial India is a wholly-owned subsidiary of Singapore-based iFAST Corporation Ltd, which is in the race to bag a digital banking licence in Singapore. iFAST is competing with Alipay and 20 other big players for the licence. Hon, speaks with IBS Intelligence, on the rationale behind the company’s plan to go for a digital banking licence and his views on the future of banking. Hon is optimistic of getting the licence in Singapore.iFAST in India is a SEBI Registered Investment Advisers (R...
Jan 31, 2020•11 min
Rehan Yar Khan, Partner and Founder of Indian VC fund Orios Venture Partners. The VC, which started with its investments in consumer-facing Internet start-ups such as ride-sharing Unicorn Ola Cabs, the focus is now to invest in the booming Indian FinTech ecosystem. The VC now plans to invest a third of its fund in FinTech start-ups in 2020. Rehan, however, doesn’t follow the herd. He talks to IBS Intelligence about his strategy and thesis for the “Next India or rural India.” Rehan feels India is...
Jan 22, 2020•15 min
Time is money! In December 2019 it was revealed by The Times newspaper that access to a back-up communications system had resulted in those paying for a Bank of England audio feed, via a third party, receiving details of the Bank’s news conferences up to eight seconds before those using the video feed. The UK central bank referred the matter to the Financial Conduct Authority and investigations are continuing. The case highlights the importance of time and timing in the financial markets. Simon ...
Jan 14, 2020•10 min
Fino Payments Bank is a new kind of bank in India called Payments Bank, a license given out by the Indian banking regulator RBI in 2014 to eleven players. While the model was created to drive financial inclusion with the help of technology, these banks have been facing challenges as they are not allowed to lend. Mumbai-based Fino is one among the four such banks that have not only survived but also are scaling up. Rishi Gupta, tells IBS Intelligence that while digital bank is the future from a g...
Jan 13, 2020•12 min
Cashless is coming, so it is said. For some it is already here. Jeremy Nicholds, CEO of mobile payments provider Judopay told Robin Amlôt he is close to celebrating a year ‘cash free’. Nicholds, who has worked for both MasterCard and Visa in his career, has a passion for payment technology. Judopay, using smart native technology, provides payments solutions to clients such as KFC, Young’s, JustPark, iCabbi and Tempcover among others.
Jan 03, 2020•9 min
Lausanne, Switzerland-based SwissBorg is a FinTech company on the Etherium blockchain. The company’s stated aim is to revolutionise asset management solutions with a community-centric approach. It carried out a successful ICO in 2017/18, raising $50 million from 24,000 individual contributors around the world. Alex Fazel, talked to Robin Amlôt about the outlook for developments in cryptocurrencies over the coming 12 months.
Dec 19, 2019•9 min
Crowdfunder.co.uk was founded in 2014 and claims to be UK’s number one rewards-based crowdfunding platform. The funding portal has helped raise more than £100 million for charities, businesses, and community projects. Crowdfunder.co.uk also works with several corporates to distribute grants, including Santander and RBS NatWest. Duncan Parker of crowdfunder.co.uk talked to Robin Amlôt about the site works and how corporates use crowdfunder.co.uk to leverage their philanthropy.
Dec 16, 2019•9 min
Lory Kehoe is also Co-founder of Blockchain Ireland and Adjunct Associate Professor Trinity College Dublin. The ConsenSys Codefi blockchain operating system, built on the Ethereum blockchain aims to optimise business processes and payments through digitising financial instruments and creating decentralised applications. Speaking to Robin Amlôt at London’s FinTech Connect conference, Lory Kehoe offers his thoughts on how blockchain tech has developed over the last five years....
Dec 10, 2019•9 min
“Banks are dead, long live the banks,” Suresh Vaghjiani of Tribe Payments once said. The card payments platform’s CEO and Co-Founder met up with Sunniva Kolostyak at FinTech Connect in London to discuss how start-ups and challenger banks have different innovation techniques and why legacy institutions are struggling to keep up, as well as how regulation made London the FinTech capital of the world.
Dec 09, 2019•8 min
To simply implement this new regime, using current toolsets, poses a risk to firms falling short to the requirements of the SM&CR regime, Saeed Patel of KRM22 says. In this podcast, Patel discusses the Senior Managers and Certification Regime (SM&CR or SMCR) with IBS Intelligence Reporter Sunniva Kolostyak. The UK regime, which is being extended to almost 50,000 organisations, will come into effect on 9 December, and Patel suggests affected companies should go through the following check...
Dec 02, 2019•17 min
iBanFirst is a Belgium-based global financial services firm offering cross-border payment solutions. Founder Pierre-Antoine Dusoulier was previously Head of Western Europe at Saxo Bank following eight years as President and CEO of Saxo Banque France. Prior to this he founded cambiste.com, France’s first licensed forex broker, and worked as a forex trader at Calyon UK. Robin Amlôt spoke to Pierre-Antoine about the firm’s services, the business opportunity presented by BREXIT and the future prospe...
Nov 29, 2019•9 min
Cashless payments are sweeping the scene, enabling consumers to shop more easily, quickly, and conveniently – in fact, by 2026 it’s predicted that cash will be used for just 21% of all UK payments. However, business in the ‘unattended market’ poses a challenge. Robin Amlôt talks to Lee Jones of Ingenico about the move to cashless payments and what it means for hardware as well as software.
Nov 28, 2019•12 min
